Zizzi Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zizzi Denmark ApS
Zizzi Denmark ApS (CVR number: 14017577) is a company from BILLUND. The company reported a net sales of 621.9 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 18.2 mDKK), while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Zizzi Denmark ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 564.68 | 540.75 | 608.48 | 644.86 | 621.86 |
Gross profit | 160.28 | 140.35 | 189.50 | 143.54 | 150.41 |
EBIT | 26.21 | -13.89 | 65.64 | 4.59 | 18.24 |
Net earnings | 18.09 | -14.20 | 43.50 | 1.69 | 10.56 |
Shareholders equity total | 36.89 | 49.25 | 97.84 | 94.36 | 107.89 |
Balance sheet total (assets) | 167.91 | 205.79 | 244.98 | 294.71 | 290.32 |
Net debt | 39.81 | -5.86 | -29.21 | 88.70 | 65.34 |
Profitability | |||||
EBIT-% | 4.6 % | -2.6 % | 10.8 % | 0.7 % | 2.9 % |
ROA | 17.7 % | -6.9 % | 29.2 % | 2.6 % | 7.6 % |
ROE | 62.8 % | -33.0 % | 59.2 % | 1.8 % | 10.4 % |
ROI | 28.7 % | -12.8 % | 57.4 % | 4.4 % | 11.7 % |
Economic value added (EVA) | 20.34 | -11.55 | 51.21 | 2.54 | 10.21 |
Solvency | |||||
Equity ratio | 22.0 % | 23.9 % | 39.9 % | 32.0 % | 37.2 % |
Gearing | 178.3 % | 99.5 % | 32.9 % | 100.9 % | 70.9 % |
Relative net indebtedness % | 18.4 % | 18.8 % | 13.9 % | 30.0 % | 26.8 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.8 | 0.6 | 0.7 |
Current ratio | 1.0 | 1.2 | 1.4 | 1.2 | 1.3 |
Cash and cash equivalents | 25.95 | 54.84 | 61.41 | 6.55 | 11.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.3 | 6.6 | 8.9 | 16.6 | 13.7 |
Net working capital % | 0.7 % | 5.0 % | 10.1 % | 7.6 % | 10.0 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | AAA |
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